Tranche B Loans definition

Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).
Tranche B Loans shall have the meaning set forth in Section 2.01(b).
Tranche B Loans means the loans (other than Tranche A Loans) made or to be made under this Agreement pursuant to Section 2.2 (Borrowings of Loans), the proceeds of which may be used by the Borrower for any permitted purpose pursuant to Section 6.13 (Use of Proceeds).

Examples of Tranche B Loans in a sentence

  • The Borrowing of the Tranche B Loans on the Closing Date shall be in an aggregate amount equal to the aggregate Tranche B Commitments.

  • All Tranche B Loans are subject to repayment in accordance with the “Rebatable Original Issue Discount” section under the Fee Letter.

  • The Administrative Agent shall have received a Borrowing Request for the Initial Term Loans and Tranche B Loans in accordance with Section 2.03.

  • All Tranche B Loans are subject to, and all Lenders holding Tranche B Loans agree to be bound by, the terms of the Fee Letter applicable to Tranche B Loans.

  • Each Tranche B Lender’s Tranche B Commitment shall automatically and without notice be reduced to zero immediately after the funding of the Tranche B Loans on the Closing Date.


More Definitions of Tranche B Loans

Tranche B Loans means the loans made by the Tranche B Lenders pursuant to Section 2.01.
Tranche B Loans is defined in Section 2.1 of the Loan Agreement.
Tranche B Loans means the loans made by the Lenders to the Tranche B Borrower on the Tranche B Closing Date pursuant to Section 2.1(b).
Tranche B Loans means the term loans made by the Lenders to the U.S. Borrower pursuant to clause (a)(ii) of Section 2.01 of this Agreement. Unless the context clearly indicates otherwise, the term “Tranche B Loans” shall include any Incremental Term Loans that are designated as such in the applicable Incremental Assumption Agreement and that are made on terms identical to the Tranche B Loans.
Tranche B Loans means the loans now or hereafter made by or on behalf of any Lender or by Agent for the benefit of any Borrower on a revolving basis (involving advances, repayments and readvances) as set forth in Section 2.1(a)(ii) hereof.
Tranche B Loans. Revolving Credit Loans made by the Lenders pursuant to this Agreement, to the extent such Loans are deemed, pursuant to the provisions of this Agreement, to be a use of the Tranche B Commitment.
Tranche B Loans means any Loans the purpose and use of which is to satisfy NSCC Deposit Requirements.